IRA Charitable Rollover

Donors like you make amazing this happen for healthcare in our community.

Your gifts help heal patients with cancer, support the latest treatments for heart disease and stroke, and make the most advanced healthcare available right here at home in Tallahassee.

Now, you can make an even greater impact with an IRA Charitable Rollover.

Anyone over age 70½ can make yearly gifts to the TMH Foundation without paying taxes on the amount transferred, when using the IRA Charitable Rollover. Under the “Protecting Americans from Tax Hikes Act” of 2015, charitably minded individuals like you can make gifts directly from their IRAs and exclude the amount of their gifts from gross income. To qualify, the following requirements must be met:

  • The donor must be 70½ years of age or older.
  • The transfer must be made directly from the IRA to a qualified charity.
  • Gifts cannot exceed $100,000 per taxpayer per year.
  • Gifts must be outright, not to donor advised funds, charitable remainder trusts, or charitable gift annuities.

A gift from your IRA also counts toward your required minimum distribution. A direct transfer from an IRA is an effective, tax-free way to support the mission of Tallahassee Memorial HealthCare and the TMH Foundation. For your convenience, please see the information below, to initiate this process.

Thank you for your support of the TMH Foundation. We are so grateful for our donors who give so generously so that others may have a healthier life. For more information or questions on IRA gifts, please call 850-431-5389 or email Nigel.Allen@TMH.ORG.